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Originally Posted by Elfwreck
Several million customers did not "welcome" agency pricing. Fictionwise did not welcome agency pricing.
Agency pricing has basically destroyed Fictionwise; their entire economic model was based on features that are incompatible with agency pricing. It's damaged several other sites that counted on the ability to offer coupons and promo discounts to compete with larger ebook stores.
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CyberRead was one of those sites driven out of business due to the agency model. Without the ability to give discounts, they could not sustain their business.